BRIEF-China Merchants Bank Says Issued "2023 China Merchants Bank Undated Additional Tier 1 Capital Bonds"

Reuters2023-12-01

Dec 1 (Reuters) - China Merchants Bank Co Ltd

:

* ISSUED "2023 CHINA MERCHANTS BANK UNDATED ADDITIONAL TIER 1 CAPITAL BONDS" IN NATIONAL INTER-BANK BOND MARKET RECENTLY

* ISSUANCE SIZE OF BONDS IS RMB30.0 BILLION, COUPON RATE IS 3.41% FOR FIRST 5 YEARS

* BONDS WERE BOOK-BUILT ON 28 NOV 2023, AND ISSUANCE WAS COMPLETED ON 1 DEC 2023

* PROCEEDS FROM ISSUANCE OF BONDS WILL BE USED TO REPLENISH ADDITIONAL TIER 1 CAPITAL OF CO

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((Reuters.Briefs@thomsonreuters.com;))

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